12/98 PEASE ST

Manoora QLD 4870

53 m²

Unit

Currently for sale - view listing

Overview

Secure Investment with Long-Term Tenant in Place Until May 2027

Offering excellent value for money, this spacious and well-maintained two-bedroom apartment presents an excellent opportunity for investors seeking immediate rental income, or future owner-occupiers planning ahead. Positioned on the first floor within a secure gated complex of just 12 units, the property offers comfortable, low-maintenance living with the added benefits of a swimming pool, tropical gardens and a convenient location close to schools, shops, public transport, the airport and Cairns CBD. Property Features: Open-plan living and dining area with split-system air conditioning. Functional kitchen with ample storage and bench space. Large private balcony with gated entry. Two generous bedrooms, master bedroom has large built-in wardrobes and air conditioning. Spacious bathroom featuring a bath, shower and toilet. Internal laundry. Designated undercover carport with secure gated access. Complex Features: Secure gated complex of only 12 units. Large swimming pool for residents to enjoy. Established tropical gardens. Well-maintained common areas. Conveniently located within easy reach of local shopping, schools, public transport, Cairns Airport and the CBD. Investment Information: Currently rented at $390 per week. Fixed-term tenancy in place until May 2027. Body Corporate Fees: Approximately $6920 per annum. Council Rates: Approximately $3266 per annum. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.